Sight Sciences (SGHT) awards CEO Paul Badawi a $1M RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sight Sciences reported that President and CEO Paul Badawi received a grant of 154,560 restricted stock units on February 3, 2026 under the company’s 2021 Incentive Award Plan. The grant’s size is based on a $1,000,000 value divided by the stock’s closing price on the grant date.
The RSUs vest in 16 equal quarterly installments from March 31, 2026 through December 31, 2029, contingent on Badawi’s continued service. Following this award, he beneficially owns 6,180,400 shares of common stock, including 662,622 shares underlying unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Badawi Paul
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 154,560 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 6,180,400 shares (Direct)
Footnotes (1)
- Reflects a grant of restricted stock units ("RSUs") made to the Reporting Person under the Issuer's 2021 Incentive Award Plan. The RSUs vest in 16 equal quarterly installments commencing March 31, 2026 and continuing through December 31, 2029, subject to the Reporting Person's continued service to the Issuer through each vesting date. Each RSU represents a contingent right to receive one share of the Issuer's common stock, par value $0.001 per share ("Common Stock"). The number of RSUs granted is equal to $1,000,000 divided by the closing price of the Common Stock on the grant date, which was February 3, 2026. Includes (i) 5,517,778 shares of Common Stock, and (ii) 662,622 shares of Common Stock which shall be acquired upon the vesting and settlement of RSUs that have not yet vested.
FAQ
What insider transaction did Sight Sciences (SGHT) report for Paul Badawi?
Sight Sciences reported a grant of 154,560 restricted stock units to President and CEO Paul Badawi on February 3, 2026. The award is part of his equity compensation under the 2021 Incentive Award Plan and vests over four years in quarterly installments.
How is the size of Paul Badawi’s RSU grant at Sight Sciences (SGHT) determined?
The RSU grant size equals $1,000,000 divided by Sight Sciences’ common stock closing price on February 3, 2026. This formula fixed the award at 154,560 RSUs, each representing the right to receive one share of common stock upon vesting and settlement.
What is the vesting schedule for Paul Badawi’s new RSUs at Sight Sciences (SGHT)?
The 154,560 RSUs vest in 16 equal quarterly installments, starting March 31, 2026 and continuing through December 31, 2029. Vesting requires Paul Badawi to remain in service with Sight Sciences through each applicable vesting date for the corresponding tranche.
Is the reported Sight Sciences (SGHT) transaction a purchase or a compensation grant?
The transaction is a compensation grant of restricted stock units to Paul Badawi at a stated price of $0.00 per share. It reflects equity awarded under the 2021 Incentive Award Plan rather than an open-market stock purchase or sale by the executive.